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Overview / Commentary
575-234-2500
202 West Stevens Street
Carlsbad, NM 88220

The Carlsbad National Bank is headquartered in Carlsbad and is the 16st largest bank in the state of New Mexico. It is also the 2,335th largest bank in the nation. It was established in 1924 and as of March of 2014, it had grown to 67 employees at 3 locations. The Carlsbad National Bank has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 The Carlsbad National Bank had $111,000 in non-current loans and owned real-estate with $24.92 million in equity and loan loss allowances on hand to cover it. This gives The Carlsbad National Bank a Texas Ratio of 0.45% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A+

In the past year, The Carlsbad National Bank has increased its total deposits by $30.45 million, resulting in 13.95% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Carlsbad National Bank has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Carlsbad National Bank has $277.52 million in assets with $24.92 million in equity, resulting in a capitalization level of 8.98%, which is average.

Institution Statistics

Overall
FDIC Certificate #2241
Year Established1924
Employees67
Primary RegulatorOCC
Assets and Liabilities
Assets$277.52 million
Loans$106.95 million
Deposits$248.76 million
Equity Capital$23.55 million
Loan Loss Allowance$1.37 million
Unbacked Noncurrent Loans$111,000
Real Estate Owned$0
Historic Data - March 2013
Assets$249.59 million
Equity Capital$24.58 million
Loan Loss Allowance$1.37 million
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets1.47%
Return on Equity17.83%
Interest Income$2.24 million
Rates

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The Carlsbad National Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--High Five Savings
0.15%$5k-Senior Plus Savings
0.10%$100-Savings Account

The Carlsbad National Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$100k-Money Management Account

The Carlsbad National Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.01%$1k-Interest Checking
0.01%$1k-Senior Plus Checking

The Carlsbad National Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-5 Year CD
0.85%$1k-4 Year CD
0.75%$1k-42 Month CD
0.65%$1k-36 Month CD
0.55%$1k-30 Month CD
0.45%$1k-24 Month CD
0.35%$1k-18 Month CD
0.30%$1k-1 Year CD
0.25%$1k-182 Day CD
0.10%$1k-90 Day CD

The Carlsbad National Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.35%$1k-18 Month Variable IRA
Locations


The Carlsbad National Bank Locations
North Branch1509 West Pierce StreetCarlsbad, NM 88220
The Carlsbad National Bank202 West Stevens StreetCarlsbad, NM 88220
Wal-Mart Super Center Branch2401 South Canal StreetCarlsbad, NM 88220